526 3rd St, Fall River MA 02721

Fall River, MA 02721
$2,250,000
Est. $13,036/month
33
Beds
11
Baths
12,012
Sq Ft
$187
Price/Sq Ft
0.29
Acres
1985
Year Built
87
Days on Market
Active Listed Sep 26, 2025 • MLS# 73436227 Copied!

About this home

Rare investment opportunity with unlimited potential! Choose to remain as rentals, or sell each unit off as a condo. This 11-unit building, built in 1985, offers all 11 units for sale along with full control of the HOA. Each unit is designed as a spacious 3-bedroom, single-level condominium, many featuring in-unit laundry. With most units currently rented and a few recent vacancies, this is the perfect chance for a savvy investor to choose the path forward—either re-rent for strong cash flow or sell individually as condos. Each unit is separately equipped with its own gas-powered forced hot air heating system, gas hot water heater, and individual electric service. Building owner meter covers common areas and exterior needs. This flexible investment allows you to pivot as market conditions evolve—continue steady rental income or begin a phased condo sell-off strategy. Don’t miss this unique chance to own an income-producing asset with multiple exit strategies.

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1985
Bedrooms
33
Full Bathrooms
11
Living Area
12,012 sq ft
Total Rooms
60
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1985
Living Area 12,012 sq ft
Lot Size 0.29 acres
Bedrooms 33
Full Baths 11
Total Rooms 60

Interior

Heating Natural Gas
Cooling None
Flooring Tile, Vinyl / Vct
Appliances Range, Refrigerator
Fireplace None
Basement None
Laundry Electric Dryer Hookup, Washer Hookup
Features Storage, Bathroom With Tub & Shower, Open Floorplan, Internet Available - Unknown, Living Room, Kitchen

Exterior

Construction None
Architecture None
Roof Rubber
Features Balcony/deck, Balcony, Rain Gutters, Varies Per Unit
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch None

Parking

Features Paved Drive, Off Street, Assigned, Paved
Total Spaces 14

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $17,507
Assessed Value 0.00

Interior Features

Flooring: Tile, Vinyl / VCT
Appliances: Range, Refrigerator
Interior Features: Storage, Bathroom With Tub & Shower, Open Floorplan, Internet Available - Unknown, Living Room, Kitchen
Windows: Insulated Windows, Screens
Basement:
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1985
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 12
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Balcony/Deck, Balcony, Rain Gutters, Varies per Unit
Patio & Porch:
Fencing: Fenced/Enclosed
Other Structures:
Lot Features: Cleared, Gentle Sloping
Road Surface:

Parking & Garage

Total Parking Spaces: 14
Parking Features: Paved Drive, Off Street, Assigned, Paved

Location

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Neighborhood

526 3rd St, Fall River MA 02721

Fall River, MA 02721

Walkability

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Nearby Schools

School District
Fall River School District local
D
School Safety 2024-25
8.4% Above Average
8.4% Suspensions 2.1% In-School
2.9% above state avg
E

Elementary Schools

10 schools
C-
John J Doran School
0.5 mi | #319 of 480 | Score: 47.1
-11.1 below state avg
525 students Diverse
Diverse Student Body
Grades PK-08
C+
East Gate Christian Academy
1.0 mi | #388 of 585 | Score: 59.5
+1.3 above state avg
Grades PK-12
B
Antioch School
1.1 mi | #230 of 480 | Score: 59.5
+1.3 above state avg
Grades PK-08
B
Holy Trinity School
1.3 mi | #229 of 480 | Score: 59.5
+1.3 above state avg
Grades PK-08
B
Espirito Santo School
1.4 mi | #226 of 480 | Score: 59.5
+1.3 above state avg
Grades PK-08
B
Holy Name School
1.6 mi | #228 of 480 | Score: 59.5
+1.3 above state avg
Grades PK-08
D
Henry Lord Community School
1.7 mi | #329 of 480 | Score: 45.7
-12.5 below state avg
817 students Diverse
Diverse Student Body
Grades PK-08
C
Atlantis Charter School
1.9 mi | #270 of 585 | Score: 61.1
+2.9 above state avg
1,246 students Diverse
College Ready Curriculum
Grades K-12
C-
Stone PK-12 School
1.9 mi | #302 of 585 | Score: 56.6
-1.6 below state avg
56 students Diverse
Rising School Diverse Student Body
Grades K-12
B
St. Michael School
2.0 mi | #227 of 480 | Score: 59.5
+1.3 above state avg
Grades PK-08
M

Middle Schools

3 schools
D
Matthew J Kuss Middle School
1.2 mi | #324 of 480 | Score: 46.4
-11.8 below state avg
646 students Diverse
Diverse Student Body
Grades 06-08
F
Morton Middle School
1.6 mi | #355 of 480 | Score: 27.7
-30.5 below state avg
751 students Diverse
Diverse Student Body
Grades 06-08
C-
Talbot Innovation School
1.7 mi | #287 of 480 | Score: 50.3
-7.9 below state avg
582 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

6 schools
C+
Argosy Collegiate Charter School
0.5 mi | #228 of 585 | Score: 64.2
+6 above state avg
587 students Diverse
7 sports • 126 athletes
Early College Program Rising School College Ready Curriculum Diverse Student Body
Grades 06-12
C
Resiliency Preparatory Academy
0.8 mi | #31 of 38 | Score: 41.6
-16.6 below state avg
171 students Very Diverse
Rising School Diverse Student Body
Grades 07-12
C+
Fall River Deaconess Home School
1.1 mi | #389 of 585 | Score: 59.5
+1.3 above state avg
Grades 06-12
C+
Diman Regional Vocational Technical High School
1.8 mi | #247 of 585 | Score: 63.1
+4.9 above state avg
1,463 students Moderate
13 sports • 1,408 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
C
B.M.C. Durfee High School
2.2 mi | #269 of 585 | Score: 61.2
+3 above state avg
2,642 students Diverse
18 sports • 1,452 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
C+
Bishop Connolly High School
2.4 mi | #387 of 585 | Score: 59.5
+1.3 above state avg
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,459
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1
Price Changes
10%
Price Range

Property Timeline

👁️
Showing Instructions Updated
Dec 22, 2025
New showing requirements
Price Reduced
Dec 22, 2025
$2,250,000 $250,000 (-10%)
From $2,500,000 to $2,250,000 (-10.0%)
🏠
Listed for Sale
Sep 26, 2025
$2,500,000
Original listing
Agent: Patriot Living Group Office: Lock and Key Realty Inc.

Price & Status History

Date Event Price Change
Dec 22, 2025 Price Changed $2,250,000 -$250,000
Sep 26, 2025 New Listing Added $2,500,000

Market Statistics

Days on Market
87 days
Price per Sq Ft
$187

Tax History

Year Taxes Assessment
2025 $17,507 $0

Financial Details

Annual Property Tax
$17,507
Tax Year 2025
Assessed Value
$0

Listing Information

Listing Agent Patriot Living Group
Listing Office Lock and Key Realty Inc.
Agent MLS ID TM336290
Office MLS ID AN5521

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Market Analytics for Fall River, MA

Real-time market trends and pricing data for this area

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